Central Bank of Seychelles CBS
Who they are
Seychelles' central bank, set up as a body corporate under section 3 of the Central Bank of Seychelles Act, 2004 and required to act independently of any other authority. Its stated mission is to promote price and financial system stability.
What they do
Licenses, regulates and supervises banks, bureaux de change and other financial institutions under its purview (s. 4A(1)(d)). It also oversees the national payment system, issues AML/CFT directives and circulars to the institutions it supervises, and runs a climate-related financial risk supervision strategy.
Key laws & regulations issued
- Direction Directive No. 2 of 2025 on the Periodic Review of Customer Due Diligence 2025
- Guideline Outsourcing Guidelines for Banks and Other Financial Institutions (December 2021) 2021
- Guideline Cyber Security Guidelines for deposit-taking financial institutions (April 2019) 2019
- Act National Payment System Act, 2014 (Act 14 of 2014) 2014
- Act Central Bank of Seychelles Act, 2004 (Act 12 of 2004), as amended 2004
Latest news
No news tagged to this regulator yet.